The stock of Mativ Holdings Inc (NYSE:MATV) last traded at $6.09, down -2.56% from the previous session.
MATV stock price is now -25.47% away from the 50-day moving average and -56.09% away from the 200-day moving average. The market capitalization of the company currently stands at $332.01M.
With the price target of $15.50, Stifel recently initiated with Hold rating for Mativ Holdings Inc (NYSE: MATV). On December 12, 2022, CJS Securities recently initiated its ‘Market Outperform’ rating on the stock quoting a target price of $32
In other news, COOK WILLIAM M, Director bought 2,500 shares of the company’s stock on Nov 15 ’24. The stock was bought for $31,125 at an average price of $12.45. Upon completion of the transaction, the Director now directly owns 21,436 shares in the company, valued at $0.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 14 ’24, President, CEO Schertell Julie sold 12,000 shares of the business’s stock. A total of $213,720 was realized by selling the stock at an average price of $17.81. This leaves the insider owning 283,981 shares of the company worth $1.73 million. A total of 1.95% of the company’s stock is owned by insiders.
During the past 12 months, Mativ Holdings Inc has had a low of $5.10 and a high of $19.96. As of last week, the company has a debt-to-equity ratio of 1.34, a current ratio of 2.40, and a quick ratio of 1.10. The fifty day moving average price for MATV is $8.171 and a two-hundred day moving average price translates $13.8705 for the stock.
The latest earnings results from Mativ Holdings Inc (NYSE: MATV) was released for 2024-12-31. The net profit margin was -2.47% and return on equity was -5.41% for MATV. The company reported revenue of $458.6 million for the quarter, compared to $452.3 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.39 percent.
